Minimum Required Consents Liquidated Damages Sample Clauses

Minimum Required Consents Liquidated Damages. [IF APPLICABLE] Seller shall deliver to Buyer written notice that Seller has applied for the Minimum Required Consents within seventy-two (72) hours of such occurrence. If Seller has not completed and filed the applications for the Minimum Required Consents by the Minimum Required Consents Application Target Date, then Seller shall pay to Buyer as Liquidated Damages an amount equal to [________] Dollars ($___) [
Sample 1
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Minimum Required Consents Liquidated Damages. [IF APPLICABLE] Seller shall deliver to Buyer written notice that Seller has applied for the Minimum Required Consents within seventy-two (72) hours of such occurrence. If Seller has not completed and filed the applications for the Minimum Required Consents by the Minimum Required Consents Application Target Date, then Seller shall pay to Buyer as Liquidated Damages an amount equal to [________] Dollars ($___) [PROPOSER TO INSERT NUMBER EQUAL TO THREE HUNDRED DOLLARS ($300) MULTIPLIED BY THE NUMBER OF MW OF NET DESIGN CAPACITY OF THE PROJECT] per Day for each Day of delay following the Minimum Required Consents Application Target Date until Seller has completed and filed the applications for the Minimum Required Consents, up to a maximum amount equivalent to ninety (90) Days’ Liquidated Damages, to be paid to Buyer as set forth in Section 3.3(v). Buyer shall deposit the Liquidated Damages paid pursuant to this Section 3.3(i) into an Escrow Account. Buyer shall maintain the deposited amount in the Escrow Account as a down payment for satisfying the COD Liquidated Damages, if any, payable pursuant to Section 3.3(iv); provided, however, that if Seller achieves the Commercial Operation Date on or before the COD Target Date, Buyer shall return to Seller any Liquidated Damages paid by Seller pursuant to this Section 3.3(i), without interest, within thirty (30) Business Days of the Commercial Operation Date.
Sample 1

Related to Minimum Required Consents Liquidated Damages

  • Payment of Liquidated Damages If you supply all or some of your milk to a third party during a Month you must, if required by DFMC, immediately pay to DFMC liquidated damages for that Month calculated as follows: $X = W cents x (Y – Z) Where: $X is the amount payable by you to DFMC for the relevant Month. If $X is a negative amount, no amount is payable by you. Y is the average monthly litres you have supplied to DFMC based on the 12 months immediately preceding the relevant Month (or in the event you have not supplied DFMC for 12 months, the average monthly litres you have supplied to DFMC during the period you have supplied DFMC). Z is the number of litres supplied to DFMC by you for the relevant Month.

  • Withholding for unpaid wages and liquidated damages The FHWA or the contacting agency shall upon its own action or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the contractor or subcontractor under any such contract or any other Federal contract with the same prime contractor, or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, which is held by the same prime contractor, such sums as may be determined to be necessary to satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as provided in the clause set forth in paragraph (2.) of this section.

  • Violation; liability for unpaid wages; liquidated damages In the event of any violation of the clause set forth in paragraph (1.) of this section, the contractor and any subcontractor responsible therefor shall be liable for the unpaid wages. In addition, such contractor and subcontractor shall be liable to the United States (in the case of work done under contract for the District of Columbia or a territory, to such District or to such territory), for liquidated damages. Such liquidated damages shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, employed in violation of the clause set forth in paragraph (1.) of this section, in the sum of $10 for each calendar day on which such individual was required or permitted to work in excess of the standard workweek of forty hours without payment of the overtime wages required by the clause set forth in paragraph (1.) of this section.

  • Liquidated Damages The Company’s obligations to pay any partial liquidated damages or other amounts owing under the Transaction Documents is a continuing obligation of the Company and shall not terminate until all unpaid partial liquidated damages and other amounts have been paid notwithstanding the fact that the instrument or security pursuant to which such partial liquidated damages or other amounts are due and payable shall have been canceled.

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